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The closing price of Milestone Pharmaceuticals Inc (NASDAQ: MIST) was $1.84 for the day, down -1.60% from the previous closing price of $1.87. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 0.67 million shares were traded. MIST stock price reached its highest trading level at $1.86 during the session, while it also had its lowest trading level at $1.695.
Ratios:
Our analysis of MIST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.40 and its Current Ratio is at 15.40. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 2.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rodman & Renshaw on August 22, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 20, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $8 to $4.
Piper Sandler Upgraded its Neutral to Overweight on April 22, 2022, whereas the target price for the stock was revised from $8 to $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIST now has a Market Capitalization of 98593456 and an Enterprise Value of 93757888.
Stock Price History:
Over the past 52 weeks, MIST has reached a high of $3.52, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 19.61%, while the 200-Day Moving Average is calculated to be 18.43%.
Shares Statistics:
MIST traded an average of 230.88K shares per day over the past three months and 709600 shares per day over the past ten days. A total of 53.27M shares are outstanding, with a floating share count of 50.39M. Insiders hold about 5.40% of the company’s shares, while institutions hold 52.73% stake in the company. Shares short for MIST as of 1730332800 were 454790 with a Short Ratio of 1.97, compared to 1727654400 on 436935. Therefore, it implies a Short% of Shares Outstanding of 454790 and a Short% of Float of 0.86.
